Английская Википедия:BillDesk

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Шаблон:Short description Шаблон:Infobox company BillDesk is an Indian online payment gateway company based in Mumbai.[1] The company provides an online payment platform for its clients which enables banking and merchant website transactions.[2]

History

BillDesk was founded by Indian entrepreneurs M.N. Srinivasu, Ajay Kaushal and Karthik Ganapathy in 2000.[3] The three previously worked at American accounting firm Arthur Andersen LLP.[4]

In 2017, BillDesk launched the first Indian cryptocurrency exchange called Coinome.[5]

Fundraising

In 2001, BillDesk received its first investment from SIDBI Venture Capital Ltd and Bank of Baroda.[6]

In 2006, Clearstone Venture Partners and State Bank of India jointly invested $7.5 million in the company.[6]

In 2012, US-based PE firm TA Associates made an undisclosed investment in BillDesk.[6]

In 2015, BillDesk received an investment of US$200 million from General Atlantic and Temasek Holdings thereby giving the company a total valuation of USD 1 billion dollars.[4] General Atlantic remains the largest shareholder in the company, with 35% ownership in the company.[7]

In August 2021, PayU announced that it would acquire BillDesk for $4.7 billion in an all-cash deal, which would make it the largest fintech acquisition in India.[8][9] However, the deal was terminated in October 2022.[10]

Business

Шаблон:Cleanup-PR Billdesk is one of the few profitable fintech companies in India.[11] As of 2015, the company is worth USD 1 billion.[12] Sanjeev Krishan, leader (transaction services and private equity) at PwC India estimated that in the year 2015, 70% of India's online billing transactions were conducted through BillDesk.[6]

BillDesk is a financially independent company and is monitored as a participant under the Payments and Settlements Systems Act, 2007 (Act 51 of 2007) that is regulated and supervised by the Reserve Bank of India.[13]

See also

References

Шаблон:Reflist

External links

Шаблон:Payment service providers Шаблон:FinTech in India